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Study: The Crisis in the European Car Industry Was Caused by the Companies Themselves
Summary by Lietuvos Radijas Ir Televizija
4 Articles
4 Articles
ALLIANZ warns that the European auto industry is itself to blame for the crisis as it slashed investment and moved too late into electrification and software development.
·Zagreb, Croatia
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Austerity policies are putting the European car industry at risk, according to a study by insurance group Allianz published on Friday...
·Vilnius, Lithuania
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The study was published by the group's specialist claims insurance arm, Allianz Trade, ahead of the Paris Motor Show which starts on Monday.
Economists at a Munich-based insurance company found that carmakers have cut investment by 20 percent this year, even as their technological gap with Chinese rivals in digitalization and battery technology could widen further.
·Vilnius, Lithuania
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Total News Sources4
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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